Mahindra Lifespace Developers is currently trading at Rs. 386.15, up by 1.85 points or 0.48% from its previous closing of Rs. 384.30 on the BSE.
The scrip opened at Rs. 384.55 and has touched a high and low of Rs. 389.80 and Rs. 380.00 respectively. So far 505 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 454.15 on 15-Oct-2019 and a 52 week low of Rs. 351.90 on 27-Mar-2019.
Last one week high and low of the scrip stood at Rs. 397.80 and Rs. 380.00 respectively. The current market cap of the company is Rs. 1983.24 crore.
The promoters holding in the company stood at 51.52%, while Institutions and Non-Institutions held 25.18% and 23.30% respectively.
Mahindra Happinest Developers (Mahindra Happinest), a joint platform between Mahindra Lifespace Developers (MLDL) and HDFC Capital Affordable Real Estate Fund-1 (HDFC Capital), has renewed its focus on affordable housing with a new promise - ‘Live, Smile and Prosper’.
In order to cater to the evolving, young unstoppable Indians who aspire for a bigger and better life for themselves, Mahindra Happinest aims to act as the catalyst for aspiring homebuyers ensuring that the size of dreams, aspirations, and ambitions are not constrained by the size of their wallet.
The brand also announced the success of its recently launched affordable housing project, Happinest Kalyan, which received over 500 plus applications within a week of its launch. The project was launched in a record time of 8 days from the date of the land acquisition.
Mahindra Lifespace Developers is the real estate and infrastructure development business of the $19 billion Mahindra Group, and a pioneer of sustainable urbanization in India.
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